If you are planning to sell your current home in the near future, one of the easiest ways of increasing your home value is through home renovations. The real estate market continues to be very competitive. Today, it’s only homes with the latest internal and external improvements that can sell at top dollar. If you are new to home improvements, it can be difficult to know which home improvement projects add value to your home. That’s why we have compiled a list of six major home renovations ideas that you can implement to add value to your home in 2022.
- Kitchen and bathroom renovations
The kitchen is one of the crucial areas that homebuyers pay special attention to when looking for a house to buy. Your kitchen is the heart of your house. It’s where meals are served and any renovations to add value to your house can never go unnoticed when you do them in the kitchen.
Some of the ways you can add value to your kitchen include; transforming a closed-off kitchen to an open plan kitchen, installing new stainless steel appliances, quartz countertops, and the latest lighting fixtures.
The bathroom is also another space that is very important in your home and you must include it in your home renovation projects. You can consider adding master baths with sinks, spacious showers, heated floors, whirlpool tubs, steam showers, and enough storage spaces. Buyers will always be attracted to modern bathrooms with such amenities.
- A fresh coat of paint
One of the easiest and cheapest ways of brightening your home and adding value to it is by applying a fresh coat of paint. Whether it’s interiors or exteriors, replacing the old, cracked, and faded paint will breathe a new life to your dull home and make it appear modern and more attractive. The choice of paint colors and texture should be neutral to attract multiple potential buyers with divergent tastes.
- Improve your curb appeal
The first impression that a homebuyer gets by viewing your home exteriors is very crucial and it determines whether he will feel motivated to look at the interiors. One of the best ways of creating positive first impressions for homebuyers is by improving your curb appeal. Ensure the lawn is landscaped to keep the grass short.
Also, clean and clear the driveways and walkways if they are in bad shape, apply fresh paint to the conspicuous home exteriors, replace or repaint outdoor furniture, and fix any broken or malfunctioning outdoor lighting fixtures. You can increase the appeal of your home by sprucing your front yard with fresh flower pots, a waterfall feature, or a new main entrance door.
- Dedicated home office
Remote work has gained momentum in 2022 and many companies are adopting a hybrid working system where workers are given some days to work from home. You can take advantage of this new trend to include a dedicated home office when carrying out your home improvements.
Current homebuyers and especially young professionals are very keen to look for homes that are not only spacious but also have ample home offices. Therefore, adding a dedicated home office during your home renovations will add value and increase demand for your home.
- Multipurpose rooms
Creating multipurpose rooms in your house increases its use and user flexibility. As a result of lifestyle changes, homebuyers are changing the way they view homes. Apart from using it as a living area, you can create multipurpose spaces in your house that can either serve as wellness and fitness gyms, study rooms for your children, or entertainment rooms.
- Installing energy-efficient appliances
Energy-efficient appliances are eco-friendly and save you money on utility bills. Today’s homebuyers are more environmentally conscious and they pay special attention to homes with energy-saving appliances. Therefore, installing energy-efficient appliances and lighting fixtures is a sure bet of increasing your home value and attracting more potential homebuyers when you finally decide to sell your home in the future.
If you are still using the old models, consider upgrading your old appliances by installing energy-saving appliances such as modern microwaves, fridges, lighting fixtures, and thermostats among others.